Kaveri Seed Company Limited — PPTs, 14-08-2025: Investor Presentation

**1. Financial Highlights:**

Kaveri Seed reported Q1 FY26 revenue of 945.31 Cr (+16.98% YoY), primarily from non-cotton segments (726.43 Cr, +31.30%). Cotton revenue was 218.83 Cr (-14.12%). PAT reached 316.50 Cr (+11.88%) and EBITDA 332.85 Cr (+13.68%). Cash on books declined to 477 Cr.

**2. Strategic Initiatives & Growth Drivers:**

The company's focus on non-cotton hybrids yielded strong realizations and revenue growth. New cotton products now contribute 34% of volumes, poised to impact future cotton revenue. Non-cotton segments like rice, maize, and vegetables show revenue growth outpacing volume, indicating robust market traction.

**3. Business Developments:**

Hybrid Rice volumes grew 6.48% (+32.29% revenue) despite regional restrictions. Maize volumes surged 21% (+54.12% revenue), and Vegetables 28% (+41.49% revenue). Cotton sales faced headwinds from illegal seeds, leading to a 15% drop in hybrid cotton volumes and revenue.

**4. Market Position & Competitive Advantage:**

Kaveri Seeds leverages a diversified seed platform. Strong non-cotton revenue growth despite challenges shows resilience. The increasing contribution of new cotton products highlights continuous innovation as a competitive edge.

**5. Investor Implications:**

Strong non-cotton performance and growing impact of new cotton products signal positive growth potential. Cotton segment challenges and declining cash on books warrant investor attention.